Egeria, founded in 1997 in Amsterdam, has entered into an agreement to acquire enwitec from its founder to support the company in achieving their growth plans and contributing to the energy transition.
enwitec, head-quartered in the Bavarian Wurmannsquick, produces critical system components for photovoltaic and energy systems. The company takes on a market-leading role within the photovoltaic components sector, with the product portfolio including e.g., backup boxes, DC/AC junction boxes and emergency shut-off switches. enwitec has more than 70 employees across all functions and has managed significant growth since its foundation in 2014.
Established in 1997, Egeria is an independent Dutch investment company focused on mid-sized companies in the Netherlands and DACH region. Egeria invests in healthy businesses with an enterprise value of between EUR 50 million and EUR 350 million and believes in building businesses jointly with entrepreneurial management teams (Boldly Building Together). Egeria Private Equity Funds has interests in 12 companies in the Netherlands and Germany, while Egeria Evergreen has investments in 7 companies. Egeria’s portfolio companies generate combined revenues of more than EUR 2 billion and employ circa 12,000 people.